USDC

Melodic_Ad_5548

this post is incredibly misleading, doesn't el Salvador us apps like Koibanx to trade mostly USDC. i really doubt people will be trading bitcoin when they have usdc in use.

alfchaval

Hi Many banks in certain countries, including Bosnia and Herzegovina, have very strict policies regarding cryptocurrency transactions, which can make both investing and cashing out challenging. As you rightly pointed out, in many cases, banks view incoming crypto-related funds as high risk. Given your circumstances, here are a few general suggestions to consider: • Peer-to-Peer (P2P) platforms: Services like Binance P2P, Paxful, or others allow you to sell BTC directly to other individuals, often using local payment methods. Make sure to use escrow services and reputable traders to stay safe. • Crypto-friendly banks or neobanks: Some users choose to open accounts with banks in nearby countries or online-only banks that are more crypto-friendly (where possible). • Stablecoins: Some users hold stablecoins like USDT, USDC, or DAI instead of cashing out immediately. These can sometimes be easier to move around until a better cash-out opportunity is found. • Long-term HODL approach: Since you mentioned you don’t plan to sell soon, continuing DCA and securely holding your BTC for the long term might be the best strategy for now.

MrHmuriy

I am not a miner, but personally, in the current situation, it seems more reasonable to keep money in USDC. When Bitcoin falls - you can short it, when Bitcoin grows - you can open a long position

coinfeeds-bot

tldr; The Coinbase chain, Base, has seen significant growth since its launch, positioning itself as a leading Ethereum Layer 2 (or Layer 3) solution. Built on Optimism technology, Base is operated by Coinbase and offers low fees, including zero fees for USDC transactions. Key metrics show rapid adoption: Total Value Locked (TVL) peaked at $4B, active wallets reached 2M daily users in late 2024, and daily transactions hit 12M. Despite some recent declines, Base remains a competitive, low-cost alternative to Ethereum, with strong user engagement and ecosystem growth. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Solanafluent

Avoid centralized exchanges as much as you can. It's much cheaper if you swap from SOL to USDC on like Jupiter/Orca and then send it to a CEX. Also if you stake on CEX it's even worse, they take 35% of the rewards so I just stake with The Vault for vSOL atm

noviwu97

This is a DEX that put so much trust in Terra UST that they phased out all USDC and USDT LP pairing in place for UST pair. Few months before it collapsed.

JustPhackOff39104

Dude wanted to send USDC to his Binance account. First he did a successful transaction of 20$. Then a scammer sent a small amount of crypto to his wallet. When the dude went to send the huge amount of USDC his wallet automatically recommended the address from which the scammer sent USDC. He didn't double check that he is sending to the right address and ended up sending it to the scammer's address. Scammers often choose addresses that closely resemble your ones.

Django_McFly

Chain of events as far as I know. * Coinbase purchased equity in Circle and gave USDC special treatment on USDC in the form of fee-free trading, free withdrawals on pretty much everything but ETH L1, and handing over a lot of the treasury yield. * Coinbase launches their own L2. USDC is popular on it. Coinbase does no revenue share back * Circle buys back their equity from Coinbase. * Circle announces they're going to make their own L2. * Coinbase now announces a special partnership with PayPal to treat their token like USDC. The HBO dramatized version of this should be a fun watch.

the_bueg

In my imperfect estimation, Monero has had the most stable price action in recent years. That, along with better TPS and lower tx fees that BTC - not to mention the privacy and fungibility of cash - a WAY better "currency" than BTC. I've written at length in a few other comments the last couple of days why BTC is the absolute worst "currency" of all crypto, but other comments basically encapsulate it. Monero still has an energy problem though. Not a month's worth of average US household electricity for each transaction like BTC, but it's still inefficient PoW, and with higher adoption, would attract even more miners. (I mine it myself but 100% solar and for a reason unrelated to profit. I still lose money.) Algorand is a highly underrated coin, near-free, about 1 second settlement, has USDC, time-and-battle-tested, and outstanding open governance and concentration-resistance. Cardano attributes *almost* as good, but no stablecoin yet. (And for investors, not undervalued.) XRP and SOL are too centralized and opaque for my tastes, and grossly overvalued IMO. Hedera seems promising but currently price action is too hyped (good for me bad for a currency). Needs more time, and a stablecoin. But none of that probably matters. Certainly not some rando's analysis, no matter how sober. If TSLA can take off after that earnings announcement, nothing really matters. Although we already kinda knew that in our heart of hearts didn't we - with BTC being the winningest coin going for no good reason other than being the first, and its name recognition by boomers who know absolutely nothing about crypto and just want to be able to call their broker and say, "get me in this 'crypto' thing!".

the_bueg

It's so irrational. BTC's value is not as a "currency", but as "digital gold" as they say. A "finite store of value". Which to me sounds like copium, and has no defensible basis in reality. At the end of the day, IMO, it's just a speculative asset, plain and simple. Don't get me wrong, I've been in BTC for almost ten years - and slowly bought more through every major downturn - and it's done very well for me. So I'm not complaining, but I don't get it. It's not just irrational, it's moronic IMO. XRP and SOL are very high throughput and solving some problems like cross-border payments, but both are too opaque and centralized IMO, and SOL has had actual outages - an absolute non-starter in my book. I don't know how anyone can accept that, even as a historical blip. No distributed P2P crypto network should *ever* have an "outage". But again - the market is not rational, so what I would think should matter, is utterly irrelevant. Why has TSLA been going *up* after last earnings call? Up is down, and red is pineapple quarterback. Hedera sound really intriguing to me. I (and apparently only I) think of it as "Gen 3" crypto. I think of Algorand and Cardano are "Gen 2+", and ETH on Proof-of-Stake is "Gen 2". ETH on Proof-of-Work was "Gen 1+" in my mind (supporting smart contracts but still crazy power requirements), Bitcoin is "Gen 1 proof-of-concept". The first. Works about as well as a toddler eating glue. Monero is solidly and [I'd argue] the best of Gen 1: still PoW and no smart contracts - but low tx costs, faster than bitcoin - and as private and fungible as cash. I myself am mostly in Bitcoin, but betting heavily on Hedera and Algorand. ALGO is a total underdog, overlooked, underappreciated, and IMO grossly undervalued. What it has going for is is essentially free and instant transactions - among the quickest going - excellent governance and decentralization model, USDC is available on the chain, and the foundation is apparently making deals left and right with governments and other organizations. To do what, exactly, I don't quite remember [and/or never bothered looking into it more] - but the chain could certainly be used as the basis for one or more government-sponsored digital currencies for better or worse. (Better for ALGO, for sure.) But again, fundamentals and logic really don't seem to mean shit. Just throw a dart at the friggin wall.

the_bueg

I just duck-duck-do'ed for it, and can't quickly find any concrete credible report link to. Then again, search engines have gone to shit. It used to be widely reported on by "mainstream" crypto media - back in the days of FTX and other shady exchanges, even Binance, who were notorious for holding tiny fractional reserves of their user's total reported BTC balances. So I'm not sure why it's not showing up in results now, just a few years later. Your BTC balance on Coinbase, Kraken, or Binance, for example, is just a database entry. When someone sends you BTC to a "receive" address Coinbase gives you, you don't have - and can't get - the private keys to that wallet - hence the (annoyingly overused but true) saying, "not your keys, not your coins". You can of course send those coins to your own wallet that you have full control over - and at that moment, hopefully Coinbase can rummage up some real BTC to do so. (To my knowledge they've never yet been unable to - but I'd wager there are funny internal stories of them running nearly dry in their early days, and scrambling like mad to cover runs. I have a close friend who used to work at a high level there but it would be in poor taste to ask. I'm hoping/assuming she'll volunteer stories someday.) Exchanges nowadays CLAIM to be fully backed, but they aren't legally required to be like banks, they have no real incentive to be other than not being able to cover runs, and there is absolutely no way to verify for sure. Audits, published wallet addresses, merkle trees, balance sheets - all ultimately meaningless as a way of validating that they have actual liquid BTC as free assets that can be immediately redeemed if all users cashed in at once. If you go to ChatGPT now and ask it to "list the BTC held by exchanges, wallets, ETFs, etc.", my session at least produced a table that added up to 24.7 million BTC, out of a max hardcoded cap of 21 million BTC. All of that to say, I feel comfortable leaving maybe 10% of my coins on Kraken + Coinbase at any given time, available for trading, or just out of laziness. But I start getting nervous when it approaches ~10%, and move them to my wallet. Both exchanges are FDC insured to up to $100k, so as long as you trade in USD (not sure about USDC which Coinbase at least treats as "cash" equivalent to USD), you're probably OK, and I don't worry about too much. Though, the "full faith and credit of the United States of America" these days... eek.

Mindless_Ad_9792

wait, but isnt USDC also a coinbase thing?

coinfeeds-bot

tldr; Dorsia, a luxury hospitality app, has partnered with MoonPay to enable cryptocurrency payments in 21 markets, including the U.S., U.K., Europe, and six Arab nations. Members can use Bitcoin, Ethereum, Solana, USDC, and other cryptocurrencies to book high-end venues like Michelin-starred Carbone. The partnership leverages MoonPay’s infrastructure, including its acquisition of Solana-based Helio, targeting crypto-wealthy clients and reducing chargeback risks while aligning with growing crypto adoption in retail. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

OwlPay_Wallet_Pro

Hello! We're the OwlPay Wallet Pro team. If you're considering stablecoins like ERUC or USDC, you may want to check out our app. We're currently expanding our service to make crypto more accessible to more people, including support for local currency purchases. We're not available in Sweden just yet, but we expect to launch there in May. Stay tuned for updates — and feel free to reach out if you have any questions. We're happy to help!

HoodFruit

Yep! Even for me, I still double and triple check when I make usdc transfers because of exactly this. Exchanges now just say USDC and irs up to me to confirm it’s actually the same usdc. Pretty fkd. They should allow deposits of either token by default. It spooked me enough that I stopped using USDC on Poly and just transfer it over SOL instead.

coinfeeds-bot

tldr; PayPal is launching a loyalty program this summer offering U.S. users a 3.7% annual interest rate on PYUSD stablecoin balances to boost adoption of its dollar-backed cryptocurrency. The initiative, accessible to PayPal's 400 million users without minimum balance or lock-up requirements, aims to compete with stablecoin giants like Tether and USDC. Backed by Paxos Trust Company and compliant with U.S. regulations, the program seeks to drive PYUSD use in payments, remittances, and everyday commerce. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

sportingpool

so by name (too complicated and/or silly) alone you can already pretty much exclude: #2Ether and #3Tehter (what a silly combo on top of being silly standalone. are they related ?), 4XRP, 5BNB, 7USDC, 9Cardano, 10TRON, 11Chainlink, 12 SUI, 13 Avalanche, 14UNUS, 15Stellar....wait....it's much easier to get to the few ones that are fine: Bitcoin, Solana and meme coins, almost everybody is out already without even looking at the name by using a zerodotzerozerozerowhatever price. so its Trump and Fartcoin that are left. its pretty easy to get from a few thousand, mostly stupid coins to a handful worth investing (small) amounts of your portfolio in

IntrepidPhilosophy42

I chosed to contiue paper trading on tradinview. But looking at Binance, I may have to do some compromises and choose other crypto pairs that are available in USDC.

GarugasRevenge

I mean the DeFi ecosystem would pick it up. This also requires you have double the house value in Bitcoin so it kind of doesn't make sense. But if you had a house and used collateralized Bitcoin to pay the monthly mortgage, then you're pinning Bitcoin vs. house payments. Bitcoin will definitely win. You have at least double the monthly payments in Bitcoin I hope. But you can get a house with a decent credit score and maybe no down payment, banks know that everyone is poor. Afterwards, you send money straight into Bitcoin, it's your new bank account, you might also be able to use ethereum in an easier way. But I imagine holding rETH and collateralizing it to make USDC and send it to Coinbase card or some prepaid debit. I'm not sure how to get money to the housing account from there but there's probably an easy way. Long term ethereum will gain value and recollateralizing those loans will give you a discount on what you've already paid. Any new money just pays the loan to ethereum or you could just save time and pay home stuff with the bank account. The ethereum is there for when you lose your job, but basically it's kind of life on easy mode. You get to a certain amount and your money outpaces your bills then early retirement 😎 Also no taxes, disadvantages are you're getting USDC at like 2/3 it's value, so it's probably always worth it to get your eth back in one way or another. Also not many off ramps.

cherrypieandcoffee

> dont need your gran to move over, just wait till the non tech savvy generation leaves us and you are gradually left with people who are tech savvy. The irony is that Gen Alpha and younger Gen Z kids seem way less tech savvy than previous generations because they’ve only known iPads and phones, both of which are walled gardens with no real interface with the code or even the operating system behind them.  I mean just reread this comment from higher up the thread - this is insanely technical language for a supposed “currency”: > The bridged contract was the only USDC token on Polygon PoS for many years. After the native token was released, exchanges gradually switched over to the native token without putting adequate notifications that they needed to pick the new contract.

thinkingperson

>"When they treat you like this, it makes you feel like you can't do anything," he told BBC News. "Like you are powerless." Correction, it's "that you ARE ~~stupid~~ fucking dumb" >In his first, successful, deposit Tzoni selected one called "Polygon PoS". In the second deposit, when he tried to transfer 1,500 USDC, he selected a different network - "Polygon (bridged)". In other news, Tzoni did a pilot drill with pump hole using bit #33 successfully. He then proceeded to do a live drill with bit #34, destroying the drill bit, shaft, and lost his job. Tzoni blames it on how the oil industry makes him feel fucking stupid, like his mother always tells him.

intelw1zard

im in my 40s. USDC to stack up and them dump into misc defi projects that earn yield once it gets large enough.

Zealousideal_Rain_79

What is the best place to stake USDT/USDC for a 10-15% APR?

Swerve99

Why you DCA into USDC? How old are you? that’s a lot of dividend payers.

Wavemasterpete

I've had no issue transferring to my Komodo Wallet or with swapping back to USDC

ISellGreenCandles

USDC probably safer

HSuke

> it doesn't work because he sends it over the wrong network It wasn't the wrong network. It had to do with a USDC contract switch last year where USDC launched a separate native token on Polygon PoS that casued a shitload of confusion. The bridged contract was the only USDC token on Polygon PoS for many years. After the native token was released, exchanges gradually switched over to the native token without putting adequate notifications that they needed to pick the new contract. Even Coinbase and Kraken were overloaded with wrong USDC token tickets for many months.

JivanP

Gold's price and paper gold's price were never intrinsically the same. It was the longstanding reputable promise of those issuing gold promissory notes that they were immediately redeemable for actual gold that meant they were, in practice, equal, because these promises had not been defaulted on at the time. Nothing of the sort is true for the likes of Bitcoin tracker funds — who at the investment firm offering the fund would you contact in order to convert your shares in the funds into the equivalent amount of actual bitcoin? Even fiat-based stablecoins like USDT and USDC are not trusted in this way; their price fluctuates relative to the fiat currency they are based on. Indeed, as soon as the banks stopped keeping their promise to convert notes to real gold on demand, a free-floating market for gold priced in terms of these promissory notes naturally emerged. That is, gold immediately became more valuable than paper gold. Eventually, economies broke away from a gold standard. The likes of smart contracts like Wrapped BTC on the Ethereum network are fundamentally quite different, because there isn't just a promise that you have to take on faith, whose reputation you're relying on. Instead, there's a cryptographic, programmatic, mathematical assurance that the promise will actually be adhered to, without exception. That is, you don't need to trust; you can verify.

Shaykh_Hadi

Because it’s cheap to transact using banking apps etc. I’m not sure what the point is exactly. If the US dollar becomes backed by Bitcoin, it will last. USDT and USDC are pegged to the dollar. They require either payment apps that accept them or knowledge of the cryptocurrency space. So unless integrated with banking apps or debit/credit cards, most people won’t use them. In either case, people will use whatever is easiest and usually what they can do on their phone or card without taking additional steps or learning about blockchains.

cyger

Solana uses USDC as it's primary stablecoin, and it has billions of circulation on Solana.

benz5785

Today there is a safe way to borrow dollars against your Bitcoin at low interest, typically 5%. Morpho Dapp is decentralized and non-custodial. The smart contract allows you to put up Bitcoin collateral and borrow USDC while holding the keys (your 12 word wallet passphrase). The easiest setup is have a Coinbase account (for offering dollars) and the Coinbase Wallet connected to Morpho..

coinfeeds-bot

tldr; USDC is projected to near a $61 billion supply by 2025, driven by growing institutional demand and regulatory clarity, outpacing USDT's growth. Circle's transparent reserve practices and potential IPO have bolstered confidence among regulated institutions in the U.S. and EU. While Ethereum dominates stablecoin hosting with $130 billion, USDC's appeal in decentralized finance and compliance-focused environments highlights a shift in market preferences. This trend underscores the increasing importance of regulatory alignment in stablecoin adoption. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Itur_ad_Astra

ETH's volume, compared to its price, is *off the charts*. It's **a tenth** of BTC's marketcap, and still doing **half** BTC's volume. It's doing **double** the volume of USDC... a stablecoin. That is legit insane. Yes, as much as you can't see it right now, it's going to come back... once every long is obliterated.

Queasy-Age-8957

Yeah I see but Trustee Plus isn’t equal as Trustee Wallet. Ok I sent now a 23k USDC out of Trustee Plus and after 1H isn’t arrived to ERC20 wallet. Wtf. Now, I am down with at least 23k USDC and 6K Euros please avoid them.

HoldCtrlW

Like USDC staking?

JohnBITbigcoin

This little kid proves my point & response to original question is simple !! IF WANT HIGH YIELD ACCOUNT PUT 1500$ IN CRYPTO ON UNISWAP LIQUIDITY POOL WHERE CAN GET 30% ON FULL RANGE SO YOUR 1500 WILL MAKE YOU 450$ A YEAR AS A BANK HIGH INTEREST SAVINGS MAYBE WHAT 6%...SUI / USDC easily get 100% annual !!

Virtual_Television98

Hey, I traced your funds with my tools withdrawn in USDC through Coinbase, found below. 23vEM5NAmK68uBHFM52nfNtZn7CgpHDSmAGWebsjg5ft You can message me if you want assistance with reporting and getting on the path of recovery. funds went through 3 wallets before hitting the exchange, user attempted to mask by converting to usdc through Jupiter.

Herosinahalfshell12

This is something really fucking irritating. You get these simple basic instructions, then when make the transaction all thewe extra little choices Legacy or Segwit? Do you want USDC.e or Native Choose network: Sol, ETH (legacy), ETH (layer 1) Etc etc

road22

330 BTC would not even put a dent in this market. Maybe go up .001% The real reason for the pump is ... look at all the USDC being transfered to Wintermule [https://x.com/martypartymusic/status/1914012294750630182](https://x.com/martypartymusic/status/1914012294750630182)

HSuke

Yeah, but an extremely easy one to make. USDC.e vs USDC native both being available and popular on Polygon PoS leads to a lot of confusion. Both Coinbase and Kraken had tons of problems after the introduction of native USDC last year. I'm surprised this error doesn't happen more often.

HSuke

This one is really tricky. Some background info not mentioned by the article. In 2024, USDC created a native version of their token separate from the very popular USDC.e token on Polygon PoS. This created a lot of confusion. It's easy to trade between them on-chain, but Revolut only supports one of them.

coinfeeds-bot

tldr; Tzoni Raykov lost $1,500 worth of cryptocurrency due to unclear deposit instructions from Revolut. While his initial transfer of USDC coins succeeded, a subsequent transfer failed because he used the wrong network, converting the coins into USDC.e, which Revolut does not support. Despite contacting Revolut, the funds remain unrecovered, highlighting the lack of safeguards in the cryptocurrency industry compared to traditional banking. Tzoni's case underscores the need for clearer instructions and better regulations in the crypto sector. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

mattriver

PACA.finance. They do concentrated liquidity farming for you. You’ll earn fixed 0.33% daily (120% APR) on your USDC or USDT. Your investment is locked for 250 days, but you get your money returned after the lock, and there are options to withdraw earlier if you so choose. The devs are doxxed and well-respected in DeFi. Ignore the likely ignorant downvotes and claims that it’s a scam or ponzi. It’s neither, but it is a great place to invest a portion of one’s risk capital.

No-Contribution9918

I think Cardano is not getting any traction because there are cheaper and faster alternatives. Cardano is one of the slowest smart contract blockchain in terms of both block time and finality, and is pretty expensive compared to others as aswell (except maybe Ethereum, though Ethereum has been pretty cheap recently; of course, it is not saying much either). This is sad given that Cardano had an entire bear market to scale, yet did nothing significant. Leios is still TBD and Hydra has no major project despite being live for a couple years. Cardano has low DeFi TVL given its MC. It does not support any major stablecoin (like USDT or USDC) natively, and stablecoin liquidity in general is low as well. What has Cardano done for Africa at all? Where are the DIDs for Ethiopian students to use? PS - GitHub activity can be flawed for measuring dev activity, as commits could contain non-code changes.

tqlla3k

I think beyond Pow, the staking rewards sucks. 2-3% Whats the point? I can hold USDC on CB and get 5%. The rates need to be at least as high as mortgage rates.

TinyGrade8590

You can do it numerobook.com USDC from Polygon/Sol, Bitcoin, BSV. Peer to peer. You can buy any crypto for 0 fees

Virtual_Television98

Seen it recently for a 302 sol transaction as well as 3 transactions amounting to 57K in USDC ERC-20, currently building a report for those as we speak

General-Scene-4828

Can you tell me more about USDC

OwlPay_Wallet_Pro

Yeah, cross-border transfer is probably one of the biggest real-world use cases for dollar-backed stablecoins like USDC. It’s not just about price stability — it’s about being able to send money fast, with lower fees, and without relying on banks. With the right tools, people can even go from cash to USDC and back to cash — known as cash on/off ramps. That’s super helpful in places where financial access is limited or expensive.

Ok-Western-5799

USDC

coinfeeds-bot

tldr; Panama City will accept Bitcoin, Ethereum, USDC, and Tether (USDT) as payment for public services, including taxes, tickets, permits, and fees. The city's council passed a proposal enabling crypto payments without requiring new legislation. Mayor Mayer Mizrachi stated that banks will convert digital assets to fiat for government offices. This move aligns with global trends in crypto adoption, though Panama's national lawmakers have previously resisted broader crypto regulations. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

thewittypear

As recent as early 2024 I was buying alt coins with BTC because I didn’t understand USDC or USDT or really anything about BTC

coinfeeds-bot

tldr; Bank of America is lobbying Congress to pass legislation favoring banks as stablecoin issuers, aiming to limit non-banks like Tether and Circle. CEO Brian Moynihan is working with groups like the American Bankers Association to push for a fully reserved 'Bank of America coin.' This move could challenge non-bank stablecoin issuers, including Circle's USDC and Tether's USDT. Congress is considering bills like the GENIUS Act and STABLE Act, but Bank of America seeks exclusive rights for banks in stablecoin operations. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

intelw1zard

its a popular exchange for non-kyc swaps. like if you wanted to convert 10k USDC into XMR and etc

coinfeeds-bot

tldr; Algorand is hosting an Easter quest with a $2,500 USDC prize pool. Participants can win by completing tasks such as following Algorand on Twitter, tweeting bullish thoughts about Algorand, and joining the official Algorand Telegram group. To participate, users need to bind their Algorand wallet to their Galxe ID and meet specific requirements like having a Galxe Web3 Score or Passport. The event encourages community engagement and highlights Algorand's benefits. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

x_you

Coinbase: wire transfer your amount there. Then you can do advanced trade and swap USDC to USDT for a very very small fee. Stable coin trades are a lot cheaper than other currency trades.

Cryptocaller

I’m not sure what you mean by “Integrates”. Please explain that. USDT as well as USDC and every other stable coin are individual entities run by excitedly different companies, actual companies with CEO’s. Bitcoin has no CEO, no company to integrate with, and is entirely autonomously run by miners. Explain yourself, moron.

MrHmuriy

The main tokens I keep on my hardware wallet are USDT and USDC. When bitcoin falls by 1%, tokens like $CAKE fall much harder. So I convert stablecoins to tokens on the DEX exchange when the price drops to the bottom and then convert back to stablecoins when they have increased in value. Thus, gradually the value of my portfolio increases without waiting for a strategic increase in the price of any specific tokens (For example, on February 2 I bought $CAKE at $1.3, on February 13 I sold it at $3.01, on March 11 I bought it at $1.5, on March 18 I sold it at $2.65, etc.).

FNFollies

If only I could upvote more. In so many cases I think "could my boomer parents do this with confidence?" And I'm like fuck I can't even do it with confidence but I have enough confidence to do it anyway. Wait until people start trying to figure out transferring across layers like Polygon USDC to Ethereum USDC. Shit feels like going to math class again and I'm like fees fuck the fees I just want to see actual USD in my account at the end of this nightmare. *Proceeds to lose 10% converting random things to random other things until something can go to coin base

TripTryad

73.63% is the high on Tradingview if you use the BTC.D ticker. Of course things are going to vary depending on source, but I prefer to use tradingview for consistency. In any case using tradingview with: CRYPTOCAP:BTC.D*CRYPTOCAP:TOTAL/(CRYPTOCAP:TOTAL-CRYPTOCAP:USDC-CRYPTOCAP:USDT-CRYPTOCAP:DAI-GLASSNODE:BUSD_MARKETCAP) For the dominance minus many stables you get a high of 75.93 Dec 20th 2021. It should all be relative for the most part however. The real point is that we have some distance before we even hit the level we hit last cycle, so I assume theres more room for it to rise.

igoldring

You can use AAVE to just wrap the btc then borrow USDC and the rate is like 4%….. no need to overpay here for convenience

FinancialPeach4064

Here, I followed your advice and asked ChatGPT. The results are fucking hilarious, as I said: https://chatgpt.com/share/67fe6e9a-345c-8007-a1ed-1d78b4e7db7d >### **1. Cross-Border Payments & Remittances** >- **Why it matters**: Traditional international money transfers are slow and expensive. >- **Crypto’s role**: Coins like **XRP (Ripple)** and **Stellar (XLM)** enable near-instant, low-fee transfers across borders. >- **Example**: **MoneyGram** and **Western Union** have piloted crypto-based transfers to reduce costs. Ok, digital cash. So it's a Paypal competitor using a token, got it. One use case. >### **2. Inflation Protection / Store of Value** >- **Why it matters**: In countries with hyperinflation (e.g., Venezuela, Zimbabwe), fiat currency rapidly loses value. >- **Crypto’s role**: People use **Bitcoin** or **stablecoins** (like USDC or USDT) to preserve wealth. >- **Example**: Citizens in Argentina and Nigeria are turning to crypto as a hedge against inflation. This is still the same use case. You're buying and hoarding the digital cash. >### **3. Financial Inclusion** >- **Why it matters**: Billions remain unbanked or underbanked. >- **Crypto’s role**: All you need is a smartphone and internet to access decentralized financial services. >- **Example**: In sub-Saharan Africa, mobile-based crypto wallets (like **BitPesa**) are giving people access to global finance. Poor people can get collateralized loans using the digital cash. Ok, sure, second use case. >### **4. Decentralized Finance (DeFi)** >- **Why it matters**: Traditional finance is full of intermediaries and barriers. >- **Crypto’s role**: DeFi platforms (e.g., **Aave**, **Compound**, **Uniswap**) offer lending, borrowing, and trading without banks. >- **Example**: Users can earn interest on crypto or take out loans against it instantly. This is the same use case above, just the opposite end of the transaction. One is a borrower, one is a lender. Still the second use case. >### **5. NFTs & Digital Ownership** >- **Why it matters**: Proving ownership of digital art, collectibles, music, and real estate is tricky. >- **Crypto’s role**: **NFTs** on blockchains like Ethereum create verifiable ownership records. >- **Example**: Artists sell music and art directly to fans via NFTs; games like **Axie Infinity** use NFT characters. Here we go, tokenizing real world assets like Real Estate. The worst use case for an immutable blockchain ever conceived. Here's your third use case, and it's horrendous. >### **6. Micropayments** >- **Why it matters**: Credit card fees make small transactions inefficient. >- **Crypto’s role**: Coins like **Bitcoin’s Lightning Network** or **Nano** allow instant, feeless microtransactions. >- **Example**: Websites reward users with sats (tiny Bitcoin units) for watching ads or participating in surveys. This is the same as the first use case. Digital cash. >### **7. Supply Chain Tracking** >- **Why it matters**: Consumers want transparency in sourcing, and companies want traceability. >- **Crypto’s role**: Blockchains like **VeChain** are used to track goods from source to sale. >- **Example**: Food safety, anti-counterfeit drugs, and luxury goods authentication. Haha, this one hits home. I'm sitting on a -80% on my VeChain buy, back when I had the same thought as OP - what is a real world use case for this stuff, and how can I invest in that? That led me to supply chain tracking, VeChain, look at all these partnerships they've got with Walmart China and Shanghai Gas, this is the wave of the future! We've got an enormous supply chain crunch with Covid, if this stuff actually helps supply chains, this should be rapidly deployed across industries and companies worldwide. And it just... didn't. Because the use case is clumsy and offers no benefit compared to existing systems. But this is still the third use case because it's tokenizing real world assets. The real world asset is just a package being shipped. The package tracking requires a tag to put it on the blockchain that's manufactured and managed by a central authority. Yet again showing that tokenizing real world assets is an unnecessary middle man that could be done with a company managing a centralized database. >### **8. Tokenized Real Estate and Assets** >- **Why it matters**: Real estate and investments have high barriers to entry. >- **Crypto’s role**: Tokenizing assets allows fractional ownership and easier trading. >- **Example**: Platforms like **RealT** tokenize real estate, letting users invest in rental properties with crypto. Oh god, there it is again. Tokenizing real estate, same as the third use case. My favorite! >### **9. DAOs (Decentralized Autonomous Organizations)** >- **Why it matters**: Traditional organizations are hierarchical. >- **Crypto’s role**: DAOs use tokens and smart contracts to allow community governance. >- **Example**: Protocols like **MakerDAO** let token holders vote on monetary policy. Ok let's make this a fourth use case. You can buy "shares" of governance of an organization using crypto. There are loads of questions as to why this has any utility beyond a traditional company that could take money from investors to buy a copy of the constitution or an NBA team, but that's neither here nor there. Sure, fourth use case. >### **10. Identity & Authentication** >- **Why it matters**: Digital identity is fragmented and easily stolen. >- **Crypto’s role**: Blockchain-based IDs are secure, self-sovereign, and interoperable. >- **Example**: **Civic** and **Worldcoin** offer blockchain-based identity verification. Ah yes, WORLDCOIN, the bastion of use case and stability. Once again tokenizing real world assets, except this time, it's your passport available to the public instead of your home. Perrrrrfect. So overall, we have four use cases: 1. Digital Cash 2. Borrowing & Lending 3. Tokenizing real world assets 4. DAO That's it? This shit has been around for 16 years and this is all we've fucking got? Which takes me back to my original point. It has one real use case - speculative investment. LINE GO UP. Buy low, sell high, like any other speculative investment.

yell0w8

yeah but the stablecoin crashed too, imagine you are staking on a stablecoin, no way you would do that again if it would crash. Imagine USDC or Tether would crash

biba8163

> I will just follow the smart money Trump smart? No. Conman and scammer? Yes! You weren't paying attention to many warnings... > Reminder that the Dumbest Man on the Planet is buying ETH. > With Casinos, they say the house always wins. Donald Trump has bankrupted 6 casinos. > Trump once bought an airline that was profitable for 10 years and bankrupted it within 1 year. https://np.reddit.com/r/CryptoCurrency/comments/1igbo84/daily_crypto_discussion_february_3_2025_gmt0/maqnu8r/ ...and you don't seem to have a clue... > Did you mean President Trump? He has been investing in crypto through the Trump-Linked DeFi Platform—World Liberty Financial, which bought $100M in Crypto Tokens on Inauguration Day https://np.reddit.com/r/ethtrader/comments/1ixr41l/is_the_bloodbath_over_or_just_started/mep6mxv/ > ######Trump Family to Build Businesses on Ethereum, Lubin Says ‘World Liberty Financial Is 100% Ethereum (January 22) > (WLFI) It's dogshit, founded by scammers, run by scammers and Trump and his family haven't put any of their money in crypto but are running a grift to collect as much money from fools as they can. ETH investors are cheering them on. > - WLFI is run Chase Herro Zachary Folkman who previously ranDough Finance a fork of AAVE that was hacked for $1.8M in July 2024 and went bankrupt. > - Justin Sun is the biggest investor of WLFI. He's purchased $75 Million of WLFI. > - The Trumps have not put any of their money in crypto. They are collecting money including ETH, USDT, USDC, etc by selling WLFI tokens and also memecoins > - The goal of of this project supposedly is to *"Make crypto and America great by driving the mass adoption of stablecoins and decentralized finance."* https://np.reddit.com/r/CryptoCurrency/comments/1i7pfbq/trump_family_to_build_businesses_on_ethereum/m8nnlyf/

biba8163

> I will just follow the smart money Trump smart? No. Dumb, scammer, grifter, grapist, yes! You weren't paying attention to many warnings... > Reminder that the Dumbest Man on the Planet is buying ETH. > With Casinos, they say the house always wins. Donald Trump has bankrupted 6 casinos. > Trump once bought an airline that was profitable for 10 years and bankrupted it within 1 year. https://np.reddit.com/r/CryptoCurrency/comments/1igbo84/daily_crypto_discussion_february_3_2025_gmt0/maqnu8r/ ...and you don't seem to have a clue... > Did you mean President Trump? He has been investing in crypto through the Trump-Linked DeFi Platform—World Liberty Financial, which bought $100M in Crypto Tokens on Inauguration Day https://np.reddit.com/r/ethtrader/comments/1ixr41l/is_the_bloodbath_over_or_just_started/mep6mxv/ > ######Trump Family to Build Businesses on Ethereum, Lubin Says ‘World Liberty Financial Is 100% Ethereum (January 22) > (WLFI) It's dogshit, founded by scammers, run by scammers and Trump and his family haven't put any of their money in crypto but are running a grift to collect as much money from fools as they can. ETH investors are cheering them on. > - WLFI is run Chase Herro Zachary Folkman who previously ranDough Finance a fork of AAVE that was hacked for $1.8M in July 2024 and went bankrupt. > - Justin Sun is the biggest investor of WLFI. He's purchased $75 Million of WLFI. > - The Trumps have not put any of their money in crypto. They are collecting money including ETH, USDT, USDC, etc by selling WLFI tokens and also memecoins > - The goal of of this project supposedly is to *"Make crypto and America great by driving the mass adoption of stablecoins and decentralized finance."* https://np.reddit.com/r/CryptoCurrency/comments/1i7pfbq/trump_family_to_build_businesses_on_ethereum/m8nnlyf/

reed5point0

well I am not doing normal shorts...well above I am b/c I picked USDC as the Bull and OM as the Bear. >Standard Short Entry: Borrow a coin (e.g., BTC), sell it at $50k, buy back at $40k to profit $10k. Centralized, repay loan, risk unlimited losses if price moons. BullBear’s Bull vs. Bear (Paired Tokens & Clusters): No borrowing. Deposit USDC, pick "bear" on a token pair (e.g., BTC/ETH). You bet BTC drops vs. ETH. Clusters group similar pairs for stability (less volatility). It’s a smart contract bet, not a sale. Fixed risk (your deposit), decentralized. SO I'll likely try to lose $100 with a traditional short in the next day or so just before that first partner unlock happens on the 17th. But I can also get weird on Bull vs Bear (Which is just an alternate tool built using Mars Protocol) So I am going to pair Sol vs TRUMP and BTC vs TRUMP too with smaller hedges. IN these situations they can both plummet down in price, I just need the bull to go LESS down etc. Highly suggest playing with BvB on Neutron. It looks degen b/c of the UI graphics but it's top notch in terms of gambling on sentiment. May more fun than chasing pump dot fun shitters etc.

One-Tower-8843

Bitcoin, Ethereum, Sui, Hyperliquid. These are very solid picks. Invest half of your money now and keep the rest in USDC (stablecoin) and wait for an even better buy opportunity that one itably will come this year.

NaabKing

This is for tracking porpouses most likely. I'm not sure how USDC works, but when sending USDC, do not include that in the Transaction. Or send everything to a new address, excluding this transaction. It can also be from a "stolen" account and an Exchange may flag your address/account as "scam", so be carefull.

cyger

Well I would happy to pay with USDC. Now i need to send my USDC to an exchange and then perhaps trade that to USD, then withdraw it to my bank account, and finally send it to the IRS etc via ACH transfer.

CeFurkan

Another ponzi tool of grand ponzi scheme collapses - i only trust USDC

RedneckHippy76

Why are you asking a bunch of reprobate miscreants? Maybe put some into BTC. Keep some SOL, keep the USDC on tap just in case Staking is a fancy way to keep your crypto hostage, IMHO. Depends on the unlock period NFA Good luck. The UDSC will always be pegged to the USD so it's as safe as you can be in terms of volatility. I'd lean towards 50% in BTC long term NFA Don't answer unsolicited DMs 🇺🇸🦅🚬🚬🚬🚬☕

J-96788-EU

Invest USDC, receive explanation.

Phine420

I got send 0.000001 USDC into my crypto.com Account Today. Weird AF

PENGUINSflyGOOD

I think if there's a financial crisis, crypto is way too sensitive for shit to not break from contagion imo. if banks are collapsing etc there's a good chance that the exchanges get fucked, stablecoins get fucked, and crypto crashes hard. just look at what happened to USDC when there was worry about their bank collapsing. it's too tied to the hip to traditional finance not to be affected in a large way. then again, still probably best to hold some btc and crypto just incase.

DBRiMatt

If you are convinced SOL is a great play, the best thing you can do is stake it to accumulate more over time with value gains. If you are convinced SOL is an okay play, you could look at (understanding impermanent loss) and provide liquidity on a top DEX, for example SOL/USDC pair. If you think there will be high volume, but not a lot of gains, you can profit via transaction fees with minimal losses. I've never used the SOL eco-system myself - and in general NFT's and memecoins are just risky plays.

Somebody__Online

USDC

GarugasRevenge

Honestly this has been difficult in the US, there hasn't been a way to use crypto in the way that I want. Currently I have Coinbase debit, it's not bad if cb doesn't lock your account with returning funds, I've never tested it. I assume I'm fine, I bought BTC and ETH and sent them off to a hardware wallet. There's a lot of scammers that try to charge your card so you have to keep your card locked and unlock it when you want to make a purchase. I think crypto.com has one but I never got around to it. Ledger has a card and I still had one available but after loading it up it said it wasn't supported in my region. Metamask popped up a review and after I said five stars it gave me a free trial of their card that uses discovery. I signed up but I'm still waiting for them to process my verification, status hasn't updated in two weeks. You can buy prepaid debit cards, idk up to what amount. You can use cash app to spend your crypto but it sounds like explicitly selling your Bitcoin, I don't want to do that. When I want to spend something, I don't want to deal with a CEX, so I want the metamask card to pull through. Then when I want to spend something I will collateralize rETH and get the card tender, in this case it's USDC, I'm not selling it. If the price drops 20% it's gone but I spent it on something I needed like property in Argentina or a Corvette. If price goes up I can consolidate and recollateralize the loan so it's like I got a discount on my debt, and this would be a good way to catch the bottom. Collateralizing has to be decentralized, Coinbase has a borrow option but CEX have a tendency to block financial transactions during volatile price action.

Competitive_Milk_638

If it isn't BTC, ETH, or USDC, it's a shitcoin.

DataGuru_10

Can you transfer your money to Binance, Bybit or other CEX (i.e. using Revolut)? Then change Eur to USDC and to BTC. After send BTC to your cold wallet.

retroviber

convert it to USDC and then transfer to coinbase..

tdiscott

I use Wealthfront for approx 4% now of apy instead of a 0.00001% bank savings account. I’ve used Betterment as well. I used to have a bunch of USDC on BlockFi earning i think it was 8%… but we all know how that story ended.

ftball21

Use ethereum. Eth is just gas. If you don’t put your funds to work it’ll lay stagnant for a majority of the time (except the few weeks to months of sustained bull running) Swap a chunk to base eth so there’s virtually no fees and learn defi! Provide liquidity in a USDC pool for some (small) returns and no loss. Get a few nfts you really like and allow good art to appreciate like it does in any other medium.

XyaThir

So yes I confirm that even on Binance some pairs have low liquidity in USDC compared to USDT. TIA for example has those spikes

bimbobandit2016

Everything down, even USDC. Damn

ronchon

Indeed. But i meant as an easy "safe haven" to edge against the currently weakening USD. Right now if you're on the sideline with a lot of USDC, it might be worth swapping some for EURC or PAXG.

ronchon

Well, there's always EURC: the equivalent of USDC.

HonestPineapple4848

I like to buy big on bad news or big dips and keep some cash in the exchange in case it goes lower to buy more, otherwise keep it earning some unbonded yield, depending on the exchange. Long term holding goes to cold storage and in uncertainty times with high volatility like now use the cash to trade trying to take advantage of the big swings but only with coins I'm willing to hold like BTC, ETH or SOL just in case it drops further. I keep my chash in € or USDC.

Lavasioux

Also for feeless offramp to bank account and FREE swaps between USDC SOLANA/STELLAR check out Decaf wallet.

Lavasioux

Did you know that the Stellar XLM Network has, built into it's network programming, a SDEX (Decentralized Exchange) Your keys-Your coins. Access anytime, day or night, 365 24/7, via non custodial wallets like Lobstr Stellarport Xbull Stellarterm Solar etc, Check out SDexExplorer to see what's happening on the SDex. There are anchored assets like BTC, ETH, and SOL, as well as USDC.

coinfeeds-bot

tldr; An Ethereum whale sold $27.6 million worth of ETH after holding it for years, potentially profiting over 18,000%. The whale acquired ETH in 2016 when it was priced around $8 per coin. Using Uniswap, the holder swapped 18,437 ETH for USDC in small transactions to avoid market disruption. ETH's current price is $1,517, down 70% from its 2021 peak. Blockchain data doesn't confirm if the whale is an individual or company. The crypto market remains volatile amid broader economic concerns. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mastermined1

Swapping to stablecoins like USDC or Tether can help lock in gains, but consider the fees. USDC is often seen as more transparent, but both are solid options.

Old_Difficulty_6484

Anti Money Laundering practices. Even if you invest 100% fully legal money, the restrictions (regulations) in EU are getting more fucked up every year, for example - recently Binance removed USDT for EU citizens, so we only have USDC left.

Jayhawx2

Moved most of it to USDC after the idiots starting trying to pump their crypto as a Government backed fund. So relaxing earning 4.5%

noviwu97

Hyperliquid fits your criteria of USDC and No KYC

DonasAskan

It won’t take 95% down anymore, because there is an alternative - USDC

coinfeeds-bot

tldr; Coinbase Ventures is heavily focused on payments, with 23.8% of its investments targeting this area, surpassing the industry average of 19.2%. The company aims to dominate crypto's value flow, investing in payment platforms, data services, APIs, wallets, and more. Coinbase's involvement with USDC stablecoin highlights its strategy to control crypto payments, but centralized solutions like stablecoins may conflict with crypto's decentralized ethos. This raises questions about the long-term success of Coinbase's banking ambitions in the crypto ecosystem. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

BusterWonNsol

Meet Buster: America's favorite pet [youtube.com/watch?v=Wpytl-DBgew](https://www.youtube.com/watch?v=Wpytl-DBgew) How to Clean Up your SOLANA Wallet, professionally: Solana Wallet has over 40Million Users worldwide, currently SOLANA Network has become the home of scam MEME.  How to clean up AND START Brand New all over Again. Do not install a New Waller, instead, log on to our wallet, sell all scam MEME in your wallet, to sell have the MEME at the top area, and SOL a the bottom area, and swap Continue until you can recover as MUCH sol as possible. If you accidently sell back to USD, Swap USDC back to sol. TIP: Negative MEME, do not go up, if they do, they come down as quickly, Negative mean’s attacking any group.   Americas Favorite Pet BUSTER is going up, a nice DOG. JUST WON, very adore able, family friendly  88sCvJUX93tk4PKDefKdW8t5dqajCq2TXXR6iXPHpump Use your Recovered, SOL to buy BUSTER. Buster is a charismatic, cuddly pup who loves soccer and roasted chicken. Always by his owner’s side, he’s the ultimate chill companion, lighting up every room with his lovable personality. A true star!

HSuke

This is less about ETH than it is about USDT. **Why is no one asking how USDT somehow got 3x more popular since the previous cycle despite being banned from MiCA?** USDC is still only at its previous marketcap peak, and most ofher stablecoins got less popular.

noviwu97

If crypto is ever used for daily payment, it'll 100% be stablecoin. We can't be sure which one will win, but it's going to be country-based. Like this country prefer USDC, that one USDT, etc. Anyone who says BTC/LTC/XRP going to be used as payment are fully delusional. But having lots of delusional people in the holders makes a good investment.

Itur_ad_Astra

It's a better stablecoin. USDC and USDT are stablecoins in value, but not marketcap. ETH is a stablecoin in both value and marketcap.